Extensive industrialisation is taking place in northern Sweden with Skellefteå as a clearly shining star. The need for housing is great. That is why Samhällsbyggnadsbolaget i Norden AB ("SBB") is currently building just over 400 apartments in Skellefteå. SBB also conducts extensive property development work in the region, and recently the company was notified of two more zooning plans for a total of approximately 26,000 square meters of building rights that have gained legal force. The building rights are located in existing residential areas in Moröhöjden, Skellefteå and Västland, Sundsvall.

"It is gratifying to note that our real estate development team continues to deliver according to plan so that we can proceed with the planning of supplementing the existing buildings with new modern and sustainable housing to meet the great demand for housing that exists in the cities we are established in," says Krister Karlsson, Deputy CEO and Head of Projects and Property Development, Samhällsbyggnadsbolaget i Norden AB.

For further information, please contact:

Krister Karlsson, Deputy CEO and Head of Projects and Property Development, Samhällsbyggnadsbolaget i Norden AB, krister@sbbnorden.se

Samhällsbyggnadsbolaget i Norden AB (publ) (SBB) is the Nordic region's leading property company in social infrastructure. The Company's strategy is to long term own and manage social infrastructure properties in the Nordics and rent regulated residential properties in Sweden, and to actively work with property development. Through SBB's commitment and engagement in community participation and social responsibility, municipalities and other stakeholders find the Company an attractive long-term partner. The Company's series B shares (ticker SBB B) and D shares (ticker SBB D) are listed on Nasdaq Stockholm, Large Cap. Further information about SBB is available at www.sbbnorden.se.

https://news.cision.com/samhallsbyggnadsbolaget-i-norden-ab/r/two-zooning-plans-for-a-total-of-about-26-000-sqm-of-building-rights-gain-legal-force,c3525955

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